The Congress: Rubber

Last week the House Committee on
Interstate and Foreign Commerce opened its investigation of foreign
control of raw products—the "mulcting of America" by control
of production and boosting of prices.

The hearing was opened with
Secretary of Commerce Hoover speaking:

"The world has often
enough seen attempts to set up private monopolies, but it is not
until recent years that we have seen governments revive a long
forgotten relic of medievalism and of war-time expediency by
deliberately erecting official controls of trade in raw...